Eskom outlines case for R67bn clawback amid tariff-hike hostility

State-owned electricity group Eskom has expressed confidence that its three applications to recoup nearly R67-billion through the Regulatory Clearing Account (RCA) mechanism will succeed, stressing that its submissions are fully aligned to the most recent RCA decision made in 2016 for the 2013/14 financial year. However, regulation GM Hasha Tlhotlhalemaje stresses that the utility does not anticipate that, even if approved, the full amount will be reflected in the 2019/20 increase, but will, instead, be liquidated over several years. She also stresses that there will be no further increase before April 1, 2019.